Job description
A Career with Hang Seng Bank
Hang Seng is committed to service excellence. Our people are our most important asset and play a vital role in our efforts to continually enhance our performance for customers and provide best-in-class products and services. We seek to attract high-calibre talent by offering a dynamic working environment, good career development opportunities and competitive compensation packages.
Risk and Compliance - Traded and Treasury Risk Management Department
Hang Seng's Risk and Compliance ("RKM") strives to maintain a well-balanced risk profile for the Bank while enabling businesses to thrive. Our team actively manages a varied and dynamic range of risk types. We are dedicated to collaborate with businesses, other functional units and regulatory bodies to develop and implement robust and customised risk management frameworks and measures to maintain the strong market position of the Bank.
We are currently seeking a high caliber professional to join our department as Senior Traded and Treasury Risk Manager.
Principal responsibilities
The purpose of this role is to provide independent risk stewardship across Treasury and Traded risk domains, by performing and evidencing review and challenge of our first line of defense (1LOD) functions (e.g. Financial Markets, Treasury, Regulatory Reporting etc.), in-line with the HSBC Group Risk Management Framework (RMF). The objective is to ensure that there are effective key controls and processes in place to perform financial risk management, ultimately supporting the Bank’s prudent decision-making.
In this role, you will:
- Perform independent oversight, review and challenge of first line of defense (1LOD) activities across Financial Markets, Treasury, ALCM, Regulatory Reporting etc. to ensure robust processes and key controls to enable effective financial risk management.
- Shape, review and challenge Risk & Control Assessments across various risk types, including liquidity, capital, IRRBB, Market & Counterparty Credit risks and regulatory reporting risk.
- Foster strong relationships with stakeholders across 1LOD and 2LOD in Hang Seng Bank and HSBC Group, influencing behaviors and ways of working in-line with global RMF
- Ensure risk and control issues are promptly addressed or escalated to senior management in accordance with established governance process.
- Proactively engage with 1LOD stakeholders at both management and working levels to identify and understand risks and controls in relations to business activities, maintaining strong relationship with Hang Seng Bank’s and regional Risk and Control Owners.
- Leverage expertise and resources where appropriate to streamline and deliver effective outcomes, collaborating with assurance teams to help facilitate stewardship coverage.
- Shape and support the activities of the Assurance team, and review and challenge the outcomes of their assurance activities.
Requirements
To be successful in the role, you should meet the following requirements:
- Relevant knowledge across Treasury (Liquidity, Funding, Capital, Structural FX) and Traded (Market, Counterparty Credit) Risk domains, with experience working in HSBC or other comparably large banks or financial institutions
- Familiarity with HKMA rules and regulations and latest developments (e.g. Basel 3.1 implementation, Supervisory Policy Manuals) is highly beneficial
- Highly-motivated and capable candidates with less extensive experiences will be considered.
- Self-starter, able to drive relationships and influence wide-ranging stakeholders across business units, risks and reporting functions, for both Hang Seng and HSBC APAC region.
- Demonstrable experiences in challenging 1LOD views / status quo to enhance effectiveness of financial / non-financial risk management.
- Excellent communication, interpersonal and influencing skills in Cantonese and English. Able to clearly articulate the case for risk management in a business-driven context
- Stay focused and accountable for achieving key deliverables / outcomes, while being flexible and adaptable in ways of working given evolving environment.
- Ability to formulate and communicate high-level management views, while ensuring that it is supported by in-depth analysis / review where needed for evidencing.
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